We assess, prioritise, and mitigate environmental risks as part of our overall risk management process. In addition, our Environmental Management System (EMS), aligned with the ISO 14001 environmental standard, outlines our obligation to “manage the environmental risks of our activities” and stipulates that “environmental risk is part of the overall risk assessment which business units are required to complete on an annual basis.” It indicates we must consider, among other risks, those that require legislative compliance; have significant cost implications for the business; and which may impact our reputation.
Our network of Environmental Champions, together with colleagues throughout the business – including those from finance, legal, real estate, procurement, HR, communications, and IT – as well as external stakeholders like NGOs and investors, help with advice, ranking, and tracking of our environmental risks/opportunities. They are reviewed during our annual Environmental Checkpoint Meeting, chaired by the CFO.
Among the material environmental risks we have identified are regulation on climate change, green taxes, and sustainable paper. Opportunities include an increase in demand for the environmental information we produce and cost savings as a result of efficiencies. See our material environmental risks and opportunities.
We support progressive environmental legislation, and in 2011, we continued our involvement with the Aldersgate Group, which engages with government on environmental reporting and other key issues.
Reed Elsevier has an environmental 'footprint' – our impact on the environment in areas like energy and water usage and carbon emissions in the production of our products and services. But arguably bigger and more important is our brain print: how such products and services spread good practice, encourage debate, and aid researchers and decisions makers. We have a growing environmental portfolio, set to grow even larger in the years to come.
In 2011, we brought colleagues together who focus on our energy offerings to explore expansion opportunities. Here’s what we heard:
“Elsevier aims to play a leading role by 2015 in the alternative energy market supporting critical investment, development, and deployment decisions by combining scientific and commercial content across proprietary and public domains.”
“LexisNexis Legal & Professional recognises the importance to our customers of timely, accurate, and comprehensive energy information. We aim to expand our analytical, regulatory, news, and other offerings in the energy practice area, including coverage of alternative and renewable energy, to help customers meet their existing needs and anticipate and address trends, such as the emerging intersection of energy and environmental law and the increasing importance of global collection of energy information.”
“Reed Exhibitions aims to be the number one exhibitions organiser and/or partner of choice in alternative energy.” Read more about Reed Exhibitions growth in the alternative energy market.
“Reed Business Information’s energy price reporting agency, ICIS , has continued to support the development of renewable energy markets by delivering information services which create transparency and enable trade. In 2011, we launched two new services, Global Biodiesel and European Clean Energy Markets. ICIS will continue to track renewable energy markets carefully, and look for further opportunities to expand our services.”
We produce numerous environmental publications, services, and events. In 2011, Elsevier held its biggest conference to date, Planet Under Pressure, a comprehensive update of scientific knowledge of the earth system, encompassing climate, ecological degradation, human well-being, planetary thresholds, food security, energy, and poverty alleviation. Elsevier offers numerous other journals in areas such as aquatic science; biodiversity; and sustainable computing. New in 2011 was the journal Environmental Development, in partnership with the United Nations Environment Programme (UNEP), UNESCO, and the charity SCOPE, a future oriented, authoritative source of information that bridges the gap between fundamental research and management and policy practices. Also in 2011, Elsevier introduced Biofuel TechSelect, which in partnership with the Carbon War Room, aims to accelerate the use of sustainable biofuel in the aviation industry by comparing viable technologies on offer. Read about Elsevier’s environmental apps.
LexisNexis Legal & Professional’s The Environmentalist, a periodical to help environmental professionals understand the political, legal, and economic implications for business. The LexisNexis Environmental Law and Climate Change Center provides real-time expert commentary for climate change practitioners.
Reed Exhibitions, in addition to alternative energy offerings holds other environmental exhibitions that include Pollutec, GreenBuilding Brasil and Industrial Energy and Environment Asia, the only international trade event in Thailand focused on environmental management technology for the manufacturing industry. Reed Exhibitions has also been working to improve environmental performance at its shows through implementation of the BS 8901 standard.
RBI’s New Scientist issued a special climate change report in 2011 and continues to interpret scientific discovery and the results of human endeavour on society and culture. Reed First Source makes it easier for architects, engineers, and designers to procure sustainable building materials; in addition, publications dedicated to non environmental sectors, such as property, aircraft, or motor transport, have regular features on green issues.